Common Myths About Auto Insurance

It is not easy to choose the right auto insurance, especially if you have never done it before and if there are so many myths about it.  In order to help you make the right choice, Griffin Insurance Agency, serving Mooresville, NC has prepared a list of misconceptions about auto insurance that you should know about:

Red Cars Are More Expensive To Insure

The truth is that the car’s color is not one of the factors in how your auto insurance is calculated. There are other things affecting the cost of insurance, including the model and the age of your car. 

Expensive Cars Cost More To Get Insured

The purchase price of a vehicle does not have an impact on the cost of the premium. Some mid-priced cars may cost more to insure than expensive luxury cars because they cost more to repair or they have a higher loss history. 

Getting Traffic Tickets Will Increase The Cost of Your Auto Insurance

If your driving record is clean and the violation is minor, it may not have an impact on the cost of insurance. However, the more violations and traffic tickets you have, the higher your chances of getting your premium increased.

The State-Minimum Liability Insurance Is More Than Enough 

In most cases, the state-minimum liability insurance is not enough to cover damages in case of an accident. Therefore, if you decide to buy the state-minimum only, you should be ready to pay most of the expenses out of pocket. 

Having auto insurance is a requirement in most of the states, including North Carolina. Now you know the most common myths about auto insurance and will be able to choose the perfect policy based on your insurance needs and budget. If you have any questions about it, do not hesitate to contact Griffin Insurance Agency serving Mooresville, NC, and other surrounding areas  – our agents are ready to answer all your questions. 

3 Tips for Buying Commercial Insurance in Mooresville, NC

Owning a business comes with many rewards. Doesn’t it make sense to protect this business as much as possible? That’s where a commercial insurance policy comes in. You will rest assured knowing you’re protecting your assets, yourself, and your employees. If you’re ready to learn more about purchasing commercial insurance in Mooresville, NC, the team at Griffin Insurance Agency urges you to read the following three tips to help you get started.

1. Work with a Reputable Agent

A friendly, reputable insurance agent will make all the difference when selecting a commercial insurance policy. Our agents answer all your questions, explain each policy in fine detail, and help you pinpoint policies that you can afford. Obtaining commercial insurance is like an investment in your company and your future because you never know when something could happen.

2. Compare Several Quotes

It’s always a good idea to compare several commercial insurance quotes with a reputable agent. This way, you’ll be sure you’ve done your due diligence and selected the right policy for your needs. Policies differ on coverage and price, the two most important factors to consider. 

3. Bundle Your Policies

Chances are you already have a few insurance policies, such as auto, home, life, umbrella, or others. To save money on your premiums, it’s wise to pick one carrier and bundle your policies under them. You may need to switch carriers or start new policies, but it’s worth it, and working with a reputable insurance agent makes this process fast and easy.

To learn more ways to save money on a commercial insurance policy and to secure a policy soon, contact the team at Griffin Insurance Agency today, serving Mooresville, NC. 

Why should I have a home inventory

Moorseville is a popular place to call home. With beautiful Lake Norman nearby it’s like being on vacation all year round. But even in this idyllic place, bad things happen. Having a good home insurance policy makes it less worrisome when you have to file a claim. Nothing can make filing a claim fun but some things can make it a little less stressful and one of them is a home inventory. At Griffin Insurance Agency in  Mooresville, NC, our agency has been providing quality solutions to our customers for more than 40 years

The reason you should have a home inventory is that after your home has been devastated by a covered peril there may not be a lot left to remind you of what you formerly had. You could lose all your photographs and trying to picture what every room or your closet looked like when you have nothing but a pile of debris may be more than you can manage. The insurance company needs to know what you had to replace it for you.  

By taking the time to create a home inventory now, you can make the business of filing a claim for your personal property a lot less painful. It takes time to make a home inventory and documenting all your possessions can be a real pain but compared to the pain of doing it after a catastrophic event there is no comparison. Once you have taken the time to make your home inventory store it in a safe place away from your home if possible but at the very least,  in a water and fireproof box. 

At Griffin Insurance Agency in  Mooresville, NC, we are ready whenever you are to talk about your home insurance needs and the benefits of a home inventory. Give our office a call or stop in for a free quote. 

Should You Get Additional Coverage on Your Auto Insurance?

Depending on your situation, it may be necessary to get additional auto insurance coverage. Each insurance agency has different offerings and this includes packages of different policies. It can be helpful to sit down with an agent such as those at Griffin Insurance Agency of the Mooresville, NC area. Here are just a few of the extra types of policies and where you can ask for extra coverage.

Full Glass Coverage

This pays out if you need to replace or repair your automobile’s window glass if it’s broken or chipped. You wouldn’t have to pay a deductible on this.

Rideshare Insurance

This is a fairly new type of insurance and it covers you when you’re driving for a rideshare service including Lyft and Uber.

Rental Reimbursement

This provides you with coverage to get a rental car when your vehicle is being repaired as a covered claim repair.

Gap Insurance

This covers the difference between the amount the car is worth and what you owe on your auto loan if you are leasing a vehicle. This also can be used if you purchased a new car. Though it’s an optional policy, it’s something that you may be asked to get if you are leasing your car.

New Car Replacement Insurance

This is similar to gap insurance in that it will cover the value of a new car if yours was totaled during an accident. Typically, an insurance company will offer only a gap or new car replacement policy.

Roadside Assistance

Also known as towing and labor coverage, this helps in the instance that you break down and require changing out of a tire, a battery jump, or if you need your vehicle to be towed to the repair shop.

See what you may be eligible for and which of these is offered at Griffin Insurance Agency. Serving the Mooresville, NC area, we’re proud to help the people of the community get the right auto coverage for their needs.

Three common questions about commercial insurance

Business owners need to understand the importance of investing in commercial insurance. At Griffin Insurance Agency, we offer a variety of commercial insurance options to meet the needs of business owners in Mooresville, NC.

If you’re looking to purchase a commercial insurance policy, it’s vital that you do your research. The following are three common questions regarding commercial insurance that you should know the answer to when you’re deciding on the right policy. 

Is commercial insurance coverage necessary for my business?

Probably the most basic question business owners ask is whether they need commercial insurance. The truth is that basically, any company can benefit from commercial coverage. In almost any industry, lawsuits are a real risk.

Another critical thing to realize is that you should carry commercial auto coverage if you use your vehicle for commercial operations. And having workers compensation coverage is crucial if you have employees working for you. 

These factors make it so that the majority of businesses can benefit from or need commercial insurance. 

What does a commercial policy provide coverage for?

Commercial insurance can cover many different company assets and liabilities. Commercial insurance consists of many kinds of insurance, including commercial auto, property, liability, workers’ compensation, and malpractice insurance.

How much coverage does my company need?

The amount and type of coverage you need depend on liabilities your company faces and assets your company has. The best way to find out how much coverage your company needs is to discuss your situation with a representative from your insurance company of choice. 

Get started figuring out the details of your commercial insurance policy with our help at Griffin Insurance Agency. Contact us if you’re a business owner in Mooresville, NC who is looking for business coverage. 

What First-Time Homebuyers Need to Know About Home Insurance

First-time homebuyers make up approximately 33% of all buyers, according to the National Association of Realtors. As a first-time homebuyer, you’re new at this. You’ve never done it before, and your lack of knowledge could cost you time and money with home insurance. Griffin Insurance Agency in Mooresville, NC specializes in working with first-time homebuyers. So, here are some tips you should know if you’re a first-time homebuyer in need of home insurance.

Start Looking for Coverage Options Early

We offer quotes for home insurance coverage no matter where you are in the home-buying process, but it’s better to start early so you have a better idea of the cost. We can make sure you get reliable coverage for your new home.

Determine the Best Insurance Value

As your local insurance provider, we help you understand what level of coverage you need and what that will look like for premiums. Your home insurance does not have to cover the full market value.

What to Consider in Home Insurance Coverage?

We work with you to deliver the level of coverage that you need, based on your unique circumstances. There are overarching home insurance considerations for all new homeowners.

Personal Property

Check the limits for personal property to see coverage and liability. We work with you to determine how to increase that coverage if needed to cover your most valuable belongings.

Guest Medical

This coverage pays the person’s medical expenses when he/she is injured on your property.

Dwelling Coverage

This coverage protects the structure of your home.

Liability Coverage

This type of coverage protects you if a person sues you because of an injury or fault with your property.

Additional Living Expenses

When a covered damage-and-repair situation makes it impossible to live on the property, this coverage pays for your living expenses, including a hotel room.

Exclusions

Check the exclusions for your policy. We can work with you to determine if you need additional coverage to mitigate exclusion situations.

Schedule an Appointment with Griffin Insurance Agency

Our goal is to make the process of getting your home insurance for your new home as quick-and-easy as possible. That’s why we quickly respond to your needs, and we offer our recommendations for the coverage to protect your new home. We’re here to answer all your questions and walk you through the entire process. It’s the right coverage at the right price for you. Learn more about auto insurance from Griffin Insurance Agency in Mooresville, NC.

Do I Need Commercial Insurance If I Run My Business From My Home?

More and more people are choosing to run their business from home. There is no need to pay for an office when you can have one in your home. Even though you manage your business from your home, it’s crucial that it still be treated as a commercial entity. This means having the right commercial insurance policy to meet its needs and protect your personal assets. In Mooresville, NC, the agents at Griffin Insurance Agency can help with that.

A Business is a Business

Just because you run your business from home, it doesn’t change the fact that it must be treated like a business. You are still required to maintain accurate records, and the type of insurance you choose must still be rated as commercial, especially when it comes to liability. For your business to be able to survive in the event of an emergency, a commercial policy is required.

Protect Your Home and Personal Assets

With the right commercial insurance policy, you will be able to protect your home and other personal assets if an accident or other issue arises. Keeping your business interests separate from your home and personal assets is the best way to protect both and keep your business functioning efficiently.

The agents of Griffin Insurance Agency serve business owners in Mooresville, NC, and the surrounding communities. Because of their extensive experience, you can rely on them to provide you with the highest quality commercial insurance policies in the industry. Call and request a commercial policy review. By scheduling a consultation, you know you will be able to get all of your insurance questions answered. Find out what your options are!

 

 

When should I get a home insurance policy in North Carolina?

Anyone that lives in the Mooresville, NC area should consider purchasing their home. When you are a property owner in this area, you can take advantage of the appreciating property values and also have a consistent place to live. While there are advantages to owning a property, you need to recognize certain risks. A great way to mitigate some risks is by getting a home insurance policy. There are many reasons to get this form of coverage in North Carolina. 

When Looking to Protect Asset

The first situation when you should get a home insurance policy is when you want to protect your asset. Even if you are very diligent as a property owner, there is always a risk that damage from a fire or adverse weather could occur. One way to mitigate this risk is by getting home insurance. When you have this insurance, it will provide you with the financial resources to either repair your home or purchase a new one. 

When Looking to Reduce Liability Risk

As a property owner, you are always going to take on some risk that a guest in your home gets hurt. If this occurs, you could be held liable for the damages. Fortunately, you can get a home insurance policy that will give you liability protection. This could prove to be very valuable in a situation where there is an unfortunate accident.

There are many situations when someone in the Mooresville, NC area should get home insurance. When you are looking for this type of coverage, you should call the professionals at the Griffin Insurance Agency. When you speak with the Griffin Insurance Agency, you are going to learn a lot more about your options for finding a policy and protecting you and your home. 

What does comprehensive auto insurance cover?

The definition of comprehensive is "complete, including all or nearly all elements or aspects of something," which makes many people assume that comprehensive auto insurance is all-inclusive insurance. This is not the case. Auto insurance is issued in basically three different parts, liability, collision, and comprehensive. Liability is the insurance that is required; collision and comprehensive are optional. At Griffin Insurance Agency in Mooresville, NC, we have been in business for over 40 years and have a combined 200 years of experience. We understand auto insurance and can help you understand what comprehensive auto insurance covers. 

Comprehensive auto insurance is also known as non-collision coverage. What that means is that it covers your vehicle for damage that it may receive from things other than a collision with another vehicle. It does cover one collision event, if a large animal like a deer darts into the road in front of your car or runs into your vehicle, the resulting damage is covered under comprehensive auto insurance. It also provides coverage from weather events such as hail, wind, and even flooding. 

Glass coverage is an essential part of comprehensive insurance coverage. In most cases, there is no deductible, and you can even have a company come to you to replace or repair your windshield. Most people rely on their vehicles to get to work and just to live their life. If that vehicle is stolen and not recovered or stolen and damaged, comprehensive coverage is there to repair or replace that vehicle. It can also provide a rental car if needed. 

Comprehensive auto insurance may not be complete coverage, but it is critical coverage to have if you happen to need it. At Griffin Insurance Agency in Mooresville, NC, we understand the needs of our customers and are here to provide the coverage they want at a price they can afford. Why not stop by our office or give us a call for a no-obligation quote.

Tips to prepare your home for spring to avoid insurance claims

Most homeowners in North Carolina know the importance of having comprehensive insurance policies in place to protect them in the event of a loss. There are also plenty of steps homeowners’ can take to help avoid claims in the first place. The agents at the Griffin Insurance Agency in Mooresville, NC have put together some helpful spring maintenance tips to help you avoid insurance claims. 

Clean the gutters 

As homeowners in the area know well, springtime can bring warmer temperatures but also a lot of rain. It is critical to have your gutters cleaned before spring to ensure water can properly flow away from the house. Clean gutters help protect your home from water damage and avoid an insurance claim. 

Dryer lint house

One of the most common ways house fires start is from a clothes dryer lint hose. Springtime is a great time to clean your lint hose to avoid a fire and insurance claim. It is also good to replace the hose every few years. 

Clear debris from walkways

When spring comes, you will likely have more guests over for BBQ and other gatherings as the weather improves. It is essential to remove any debris such as tree branches that may have fallen during the winter months. Clear walkways will help ensure your guests do not trip and fall, which could lead to liability claims. 

Water heater maintenance

It is a good time of year to check on the condition of your water heater. Over time, the bottom of your water heater can start to erode due to sediment build up as well as leaks at the connection pipes. By repairing or replacing a water heater that leaks, you will avoid unnecessary water damage claims. 

If you would like to learn more about spring home maintenance tips, reach out to the agents at Griffin Insurance Agency today. We proudly serve the Wilkesboro and Mooresville, NC area.